Common use of Liquidated Damages for Delay in Substantial Completion Clause in Contracts

Liquidated Damages for Delay in Substantial Completion. ‌ If Seller fails to achieve Substantial Completion prior to the Substantial Completion LD Commencement Date, then commencing on the Substantial Completion LD Commencement Date, Seller shall pay Buyer liquidated damages, for each day until Seller achieves Substantial Completion, in an amount equal to (a) fifty thousand Dollars ($50,000.00) per day if the Project is Dispatchable and

Liquidated Damages for Delay in Substantial Completion. ‌ If Seller fails to achieve Substantial Completion prior to the Substantial Completion LD Commencement Date, then commencing on the Substantial Completion LD Commencement Date, Seller shall pay Buyer liquidated damages, for each day until Seller achieves Substantial Completion, in an amount equal to (a) fifty thousand Dollars ($50,000.00) per day if the Project is Dispatchable and